Charlotte

Charlotte City Council expected to choose Clodfelter as mayor

April 7, 2014

(The Charlotte Observer)

While the final vote won't be held until tonight's meeting, It appears that at least six of 11 members of the Charlotte City Council will vote for N.C. Sen. Dan Clodfelter to replace former Mayor Patrick Cannon.

Charlotte Douglas still 8th-busiest airport in nation

April 4, 2014

(The Charlotte Observer)

Charlotte Douglas International Airport was the eighth-busiest airport in the nation and 23rd-busiest in the world in 2013, maintaining those positions from the previous year. The number of passengers increased 5.4% to 43.5 million.

Lowe's to pay $18.1 million to settle hazardous-waste case

April 4, 2014

(The Charlotte Observer)

Mooresville-based Lowe's Cos. will pay $18.1 million to settle a case claiming the home-improvement retailer illegally disposed of hazardous waste at more than 100 stores in California. Dumpster inspections showed the company discarded batteries, paints, pesticides and other hazardous materials that were not allowed in California landfills.

Duke Energy to appeal court ruling in coal-ash case

April 4, 2014

(The News & Observer, Raleigh)

Duke Energy will appeal a Superior Court ruling that required the utility to immediately stop the source of coal-ash pollution. A Wake County Superior Court judge issued the order on March 6. Also, the N.C. Environmental Review Commission has scheduled a special meeting to discuss coal ash prior to the General Assembly's short session which begins in May.

Co-founder leaves CertusBank amid shareholder concerns

April 4, 2014

(The Charlotte Observer)

Charlie Williams, co-founder and former co-CEO of Greenville, S.C.-based CertusBank has left the company as shareholders have begun to question extravagant expenses including corporate condos, private jets and tickets to sporting events while the privately-owned bank reported deep losses.

Family Dollar lays off 135 at Matthews headquarters

April 3, 2014

(The Charlotte Observer)

Family Dollar will lay off 135 workers at its Matthews headquarters, 6% of its workforce there. Competitors including Dollar General and Dollar Tree have outperformed the discount retailer in the past few years, and Chief Operating Officer Michael Bloom resigned in January. The company plans to report fourth quarter and yearly earnings next Thursday.

Wells Fargo to get new CFO

April 3, 2014

(Winston-Salem Journal)

John Shrewsbury, head of Wells Fargo Securities, will become the San Francisco-based bank's chief financial officer. Timothy Sloan, current CFO, will lead the bank's wholesale banking division, replacing David Hoyt who is retiring. 

 

 

 

Charlotte foundation is among top 10 in nation

April 3, 2014

(The Charlotte Observer)

Foundation for the Carolinas had assets of $1.3 billion in 2013, 30% higher than in 2012 and making it the No. 10 community foundation in the country. The nonprofit organization connects companies and individual donors with charitable causes. The foundation also plans to announce the creation of a new disaster-relief program.

Walmart back at top of Charlotte grocery market

April 3, 2014

(The Charlotte Observer)

Walmart regained the top spot in the Charlotte region's grocery market, with 22.4% of sales compared with 20.4% a year ago. Harris Teeter Supermarkets fell to No. 2, from 23.7% to 20.4%. Food Lion was third with 18.7% of sales.

Charlotte utilities seeking proposals for new natural-gas pipeline

April 2, 2014

(The Charlotte Observer)

Duke Energy and Piedmont Natural Gas want a new interstate natural-gas pipeline to serve North Carolina, and the two Charlotte-based utilities are seeking proposals for a company to build and operate one. Piedmont supplies gas to five power plants Duke Energy has built since 2011 as Duke shifts from coal to other energy sources.

Software firm moving headquarters from Atlanta to Charlotte

April 2, 2014

(The Charlotte Observer)

Thinkgate, an education-software firm, will move its headquarters from Atlanta to Charlotte. The company plans to relocate 70 workers and hire 75 to 120 additional workers with salaries ranging from $50,000 to $200,000 over the next three years. Thinkgate offers data management solutions and test-creation tools for K-12 schools.

Judge overturns ruling; Carolinas HealthCare won't build Fort Mill hospital

April 2, 2014

(The Charlotte Observer)

Carolinas HealthCare System appears to have lost an eight-year battle to build a 100-bed hospital in Fort Mill, S.C. to Piedmont Medical Center, a Rock Hill, S.C.-based medical group. In a ruling released Tuesday,  a South Carolina judge overturned a 2011 ruling which gave Charlotte-based Carolinas approval to build the hospital.

Charlotte call center closing; over 200 temp workers to lose jobs

April 2, 2014

(The Charlotte Observer) 

Bannockburn, Ill.-based APAC Customer Services is closing a call center in Charlotte and will lay off 239 workers by May 9. The majority of the affected workers are temporary employees.

A Southern Season looking at Charlotte locations for gourmet food store

April 2, 2014

(The Charlotte Observer)

A Southern Season is in negotiations with two sites in Charlotte and expects to open a store there by 2016. The Chapel Hill-based specialty-foods retailer began expanding two years ago, but has had difficulty finding the right location in Charlotte's real-estate market.

Charlotte mining servers to comply with federal subpoena in Cannon case

April 2, 2014

(The Charlotte Observer)

A broad federal subpoena was issued to the city of Charlotte after former Mayor Patrick Cannon's arrest on corruption charges last week. The directive includes "any document at all relating to Mr. Cannon" between 2010 and March 26, according to the city's attorney.

Taxi owners say men representing Cannon offered airport access for cash

April 1, 2014

(The Charlotte Observer)

Owners of two Charlotte cab companies who had lost access to Charlotte Douglas International Airport said they were told by associates of former Mayor Patrick Cannon they could buy their way back into the airport. Also: Charlotte City Council delayed voting on Cannon's replacement until next Monday.

Duke Energy sues Westinghouse for $54 million after canceled project

April 1, 2014

(The Charlotte Observer)

The Charlotte-based utility filed a federal lawsuit against Westinghouse Electric over $54.1 million Duke says it paid for equipment that was never produced for the Levy County nuclear power plant in Florida. Duke canceled its contract with Westinghouse in January because of licensing delays. 

Charlotte City Council to weigh options for choosing new mayor

March 31, 2014

(The Charlotte Observer)

Charlotte City Council will meet today to discuss who should succeed former Charlotte Mayor Patrick Cannon, though the group may vote to delay its decision to allow interested candidates to formally apply. Cannon resigned Wednesday after his arrest by the FBI on federal corruption charges.

ACC tournament will move back to NC in 2019 and 2020

March 28, 2014

(The Charlotte Observer)

A day after announcing it would move the ACC men's basketball tournament to Brooklyn in 2017 and 2018, the conference said the tournament will be held in Charlotte in 2019 and Greensboro in 2020. Charlotte has hosted the tournament 12 times, most recently in 2008 when it had an estimated economic impact of $17.2 million. 

Electrolux unveils new laundry research center in Charlotte

March 28, 2014

(The Charlotte Observer)

Electrolux North America's new laundry research and development center continues the Swedish appliance-maker's expansion in Charlotte, adding 60 new jobs and growing its local employment total to 925.